Mandaue City in Cebu is getting a major facelift as the second phase of the mixed-use development, Mandani Bay Quay, expands its commercial sprawl, courtesy of a P10.1-billion infusion by infrastructure conglomerate Megawide Construction Corporation and developer HTLand, Inc., a joint venture company of Hongkong Land and Taft Properties.
“Megawide is proud to be a partner of HTLand Inc. in the construction of the Mandani Bay Quay phase 2,” said Edgar Saavedra, Megawide’s chair and CEO (Shown here with President Rodrigo R. Duterte and Department of Transportation secretary Arthur P. Tugade). Mandani Bay Quay phase 2 has a construction floor area of 328,000 square meters.
The development will include three 40-story residential towers, one 30-story office building, an amenities floor, two commercial levels, and four floors of podium parking. Megawide is the government’s private sector partner for infrastructure projects such as the Mactan-Cebu International Airport and the Paranaque Integrated Terminal Exchange.